What impact would immigration reform have on the economy?
A new report from Institute on Taxation and Economic Policy (ITEP) estimates that, in additional tax revenue alone, local and state governments would see an additional $2.16 billion. This is just part of the economic benefits of immigration reform, which, in total, could add $1.5 trillion for our economy over 10 years.
The study accounted for local sales and excise taxes, property taxes, and incomes taxes, as well as the estimated potential wage boost and personal income tax compliance of undocumented immigrants. The report included a state by breakdown of how states could benefit from reform, which you can see below:
